Thungela agrees to amend rail contract with Transnet Transnet declared force majeure and sought to terminate long-term coal transportation agreements in April. Reuters | August 18, 2022 | 4:40 am
Australian firm prepares to build Brazil’s first southern phosphate mine The Brazilian arm of Aguia Resources hopes to complete building the first phosphate mine in Southern Brazil by late 2023. Reuters | August 17, 2022 | 1:22 pm
Codelco will resume construction in ‘coming days’ after fatal accidents “Structural projects,” which the company hopes will counteract a drop in ore grades of its deposits, are key to maintaining copper production in the coming years. Reuters | August 17, 2022 | 11:59 am
Nyrstar’s shut Dutch smelter invigorates zinc bulls Nyrstar's decision to close the Budel smelter drove zinc on the LME to $3,819 a tonne on Tuesday, the highest since June 9. Reuters | August 17, 2022 | 10:11 am
Shanghai zinc, aluminum prices rally on supply concerns The jump follows a surge in zinc price the prior day after Nyrstar said it would put its zinc smelting operations at Budel on care and maintenance. Reuters | August 17, 2022 | 9:19 am
Investment demand to lift India’s silver imports to record high India's silver imports are set to triple in 2022 from a year ago to record highs after a dip in prices. Reuters | August 17, 2022 | 8:48 am
China hikes 2022 rare earth quota by 25% on rising demand China has raised the annual quota for five years in a row. Reuters | August 17, 2022 | 8:40 am
Sibanye warns on profit, shares tumble The company said gold production fell by 77% in the first half following a strike at its South African gold operations. Reuters | August 17, 2022 | 8:15 am
Congo PM to mediate dispute over Tenke copper and cobalt mine Exports from the mine, which accounted for more than 10% of global cobalt output in 2021, were suspended a month ago. Reuters | August 17, 2022 | 8:12 am
Chile dictates measures against Lundin Mining for giant sinkhole The SMA ordered six "urgent and transitory" measures while it continues to investigate causes that generated the sinkhole that measures 36.5 meters. Reuters | August 16, 2022 | 5:02 pm
Chile investigates collapse at Antofagasta Minerals mining project Environmental regulators have launched an investigation after tidal waves caused the collapse of a construction platform at Los Pelambres. Reuters | August 16, 2022 | 2:03 pm
In northern Chile, miners ask government to curb crime, robberies The local mining industry has for years reported the theft of goods such as copper by organized gangs. Reuters | August 16, 2022 | 1:04 pm